Chinas Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees (wsoon@insider.com (Weilun Soon)/Insider: Tech)

wsoon@insider.com (Weilun Soon) / Insider: Tech
Chinas Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees – Xiaohongshu said its laying off up to 10% of its workforce. The cuts add to the tens of thousands of tech workers expected to be dismissed this year. …

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